“She will have the option of buying as many as 1.9 million stock options, but these will vest over eight years and will only reach their peak value if HP’s stock value rises at least 40 percent,” Electronista reports. “At current values, they would be worth $45.2 million… Although it was never in question with Jobs, Whitman’s severance package is just $1.50 and discourages her from quitting for another firm.”
Electronista reports, “Apotheker, meanwhile, is being paid a large amount to reduce the ill will from his forced departure. He will be paid $7.2 million in core severance over the course of 1.5 years and will also be given a quickly accelerated $3.56 million stock cash-in. Along with the $2.4 million bonus and expenses to move back to Europe, the CEO should be paid about $13.5 million.”
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